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Govt to finalise long-term debt infra policy in weeks

Many projects have been held up by problems including lack of financing

Reuters New Delhi

Government will finalise a policy within two months to provide long-term debt for infrastructure projects, senior finance ministry official Arvind Mayaram said on Friday.

India needs to modernize creaking infrastructure to help pull the economy from a deep slowdown, but many projects have been held up by problems including a lack of financing.

 

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First Published: Sep 20 2013 | 11:12 AM IST

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